MCGONIGLE FAMILY FOUNDATION INCORPORATED: Form 990PF, tax year 2010

View the entire original 990 at ProPublica ↗

Organization
MCGONIGLE FAMILY FOUNDATION INCORPORATED (EIN 06-1826952)
Tax period
2010-01-01 to 2010-12-31
Filed
2011-03-19
IRS object ID
201110789349100001
Schema version
2010v3.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Timestamp2011-03-19T10:45:09-05:00Timestamp
Tax Period End Date2010-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1LALLY & CO LLCBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line15700 CORPORATE DRIVE SUITE 800AddressLine1
CityPITTSBURGHCity
StatePAState
ZIP Code15237ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnType
Tax Period Begin Date2010-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN061826952EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1MCGONIGLE FAMILY FOUNDATION INCORPORATEDBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlMCGONameControl
Phone4122881936Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1159 NORTH DRIVEAddressLine1
CityPITTSBURGHCity
StatePAState
ZIP Code15238ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameJOHN W MCGONIGLEName
TitleCHAIRMANTitle
Phone4122881936Phone
Date Signed2011-03-12DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameROBERT J LALLY CPAName
Phone4123678190Phone
Date Prepared2011-03-12DatePrepared
FieldValueIRS element (for citing)
Tax Year2010TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Exempt PFXExemptPF
FMV Assets EOY1019914FMVAssetsEOY
Method Of Accounting AccrualXMethodOfAccountingAccrual

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Not Required To Attach Schedule BXNotRequiredToAttachScheduleB
Interest On Savings Rev And Expnss99InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm99InterestOnSavingsNetInvstIncm
Dividends Rev And Expnss27370DividendsRevAndExpnss
Dividends Net Invst Incm27370DividendsNetInvstIncm
Capital Gain Net Incm Net Invst Incm0CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses27469TotalRevenueAndExpenses
Total Net Investment Income27469TotalNetInvestmentIncome
Comp Ofcr Dir Trst Rev And Expnss0CompOfcrDirTrstRevAndExpnss
Comp Ofcr Dir Trst Net Invst Incm0CompOfcrDirTrstNetInvstIncm
Comp Ofcr Dir Trst Dsbrs Chrtbl Prps0CompOfcrDirTrstDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss0TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm0TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps0TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss40200ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps40200ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss40200TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm0TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps40200TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses-12731ExcessOfRevenueOverExpenses
Net Investment Income27469NetInvestmentIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Cash BOY60437CashBOY
Cash EOY34181CashEOY
Cash EOYFMV34181CashEOYFMV
Investments Corp Stock BOY697411InvestmentsCorpStockBOY
Investments Corp Stock EOY710936InvestmentsCorpStockEOY
Investments Corp Stock EOYFMV985733InvestmentsCorpStockEOYFMV
Total Assets BOY757848TotalAssetsBOY
Total Assets EOY745117TotalAssetsEOY
Total Assets EOYFMV1019914TotalAssetsEOYFMV
Total Liabilities BOY0TotalLiabilitiesBOY
Total Liabilities EOY0TotalLiabilitiesEOY
Org That Follow SFAS117XOrgThatFollowSFAS117
Unrestricted BOY757848UnrestrictedBOY
Unrestricted EOY745117UnrestrictedEOY
Total Net Assets BOY757848TotalNetAssetsBOY
Total Net Assets EOY745117TotalNetAssetsEOY
Total Liabilities Net Assets BOY757848TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY745117TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY757848TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses-12731ExcessOfRevenueOverExpenses
Other Increases0OtherIncreases
Subtotal745117Subtotal
Other Decreases0OtherDecreases
Total Net Assets Fund Balances EOY745117TotalNetAssetsFundBalancesEOY

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

FieldValueIRS element (for citing)
Liable For4942 Tax0LiableFor4942Tax
Qualifying Distributions Year127750QualifyingDistributionsYear1
Noncharitable Assets Year1824421NoncharitableAssetsYear1
Distribution Ratio Year10.033660DistributionRatioYear1
Qualifying Distributions Year24000QualifyingDistributionsYear2
Noncharitable Assets Year2960184NoncharitableAssetsYear2
Distribution Ratio Year20.004166DistributionRatioYear2
Qualifying Distributions Year30QualifyingDistributionsYear3
Noncharitable Assets Year3253391NoncharitableAssetsYear3
Distribution Ratio Year30.0DistributionRatioYear3
Total Distribution Ratio0.037826TotalDistributionRatio
Average Distribution Ratio0.012609AverageDistributionRatio
Net Noncharitable Assets952247NetNoncharitableAssets
Adjusted Noncharitable Assets12007AdjustedNoncharitableAssets
One Percent Net Investment Income275OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One12282AdjNonchrtblAssetsAndOnePct
Qualifying Distributions40200QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eXDomesticOrgMeetingSect4940e
Investment Income Excise Tax275InvestmentIncomeExciseTax
Tax Under Section5110TaxUnderSection511
Subtotal275Subtotal
Subtitle A Tax0SubtitleATax
Tax Based On Investment Income275TaxBasedOnInvestmentIncome
Est Tax Payments And Overpayment1350EstTaxPaymentsAndOverpayment
Total Credits And Payments1350TotalCreditsAndPayments
Overpayment1075Overpayment
Amount Credited To Next Year1075AmountCreditedToNextYear
Amount To Be Refunded0AmountToBeRefunded

Statements Regarding Activities StatementsRegardingActivities

FieldValueIRS element (for citing)
Legislative Political Activities0LegislativePoliticalActivities
More Than100 Spent0MoreThan100Spent
Form1120 POL Filed0Form1120POLFiled
Sect4955 Tax On Organization0Sect4955TaxOnOrganization
Sect4955 Tax On Managers0Sect4955TaxOnManagers
Reimbursement Of Tax0ReimbursementOfTax
Activities Not Prev Reported0ActivitiesNotPrevReported
Changes To Articles Or Bylaws0ChangesToArticlesOrBylaws
Unrelated Bus Income Over10000UnrelatedBusIncomeOver1000
Termination Etc0TerminationEtc
Requirements Of Sect508e1RequirementsOfSect508e
At Least5000 In Assets1AtLeast5000InAssets
States Filed WithPAStatesFiledWith
Form990 PF Filed With AG1Form990PFFiledWithAG
Private Operating Foundation0PrivateOperatingFoundation
New Substantial Contributors0NewSubstantialContributors
Interest In Controlled Entity0InterestInControlledEntity
Applicable Insurance Contract0ApplicableInsuranceContract
Comply With Public Inspection Rqr1ComplyWithPublicInspectionRqr
Website AddressN/AWebsiteAddress

Books In Care Of Business Name BooksInCareOfBusinessName

FieldValueIRS element (for citing)
Business Name Line1CHRISTINE NEWCAMPBusinessNameLine1
FieldValueIRS element (for citing)
Books In Care Of Phone Number4129680955BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line1159 NORTH DRIVEAddressLine1
CityPITTSBURGHCity
StatePAState
ZIP Code15238ZIPCode
FieldValueIRS element (for citing)
Foreign Bank0ForeignBank

Statements Regarding Acty4720 StatementsRegardingActy4720

FieldValueIRS element (for citing)
Sale Or Exchange With Dsqfly Person0SaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly Person0BorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly Person0FurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly Person0PayCompensationToDsqflyPerson
Transfer Assets To Dsqfly Person0TransferAssetsToDsqflyPerson
Payment To Government Offical0PaymentToGovernmentOffical
Acts Fail To Qualify As Exceptions0ActsFailToQualifyAsExceptions
Uncorrected Prior Acts0UncorrectedPriorActs
Undistributed Income Prior Years0UndistributedIncomePriorYears
Business Holdings0BusinessHoldings
Jeopardy Investments0JeopardyInvestments
Uncorrected Jeopardy Investments0UncorrectedJeopardyInvestments
Influence Legislation0InfluenceLegislation
Influence Election0InfluenceElection
Grants To Individuals0GrantsToIndividuals
Grants To Organizations0GrantsToOrganizations
Noncharitable Purpose0NoncharitablePurpose
Rcv Funds To Pay Prsnl Bnft Contract0RcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft Contract0PayPremiumsPrsnlBnftContract
Prohibited Tax Shelter Transactn0ProhibitedTaxShelterTransactn

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (5 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeTitleTitleAvg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPositionCompensationCompensationContri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtcExpense Account Other AllowancesExpenseAccountOtherAllowances
JOHN W MCGONIGLE
9739 NIBLICK LANENAPLESFL34108CHAIRMAN, TRUSTEE1.00000
MARY ITA MCGONIGLE
9739 NIBLICK LANENAPLESFL34108PRESIDENT, SECRETARY1.00000
KEVIN M MCGONIGLE
362 MANOR RIDGE DRATLANTAGA303052ND VICE PRESIDENT1.00000
CHRISTINE NEWCAMP
159 NORTH DRIVEPITTSBURGHPA15238VICE PRESIDENT, TREASURER1.00000
MICHAEL J MCGONIGLE
PO BOX 66BUTLERMD2102300663RD VICE PRESIDENT1.00000
FieldValueIRS element (for citing)
Comp Of Highest Paid Empl NONENONECompOfHighestPaidEmplNONE
Tot Number Of Oth Empl Paid Over50k0TotNumberOfOthEmplPaidOver50k
Comp Of Hghst Paid Cntrct NONENONECompOfHghstPaidCntrctNONE
Tot Number Of Cntrct Paid Over50k0TotNumberOfCntrctPaidOver50k

Sum Of Program Related Investments SumOfProgramRelatedInvestments

FieldValueIRS element (for citing)
Total0Total

Minimum Investment Return MinimumInvestmentReturn

FieldValueIRS element (for citing)
Avg Monthly FMV Of Securities902425AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances64323AvgMonthlyCashBalances
FMV All Other Noncharitable Assets0FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets966748TotalFMVOfUnusedAssets
Reduction Claimed0ReductionClaimed
Acquisition Indebtedness0AcquisitionIndebtedness
Adj Total FMV Of Unused Assets966748AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable14501CashDeemedCharitable
Net Noncharitable Assets952247NetNoncharitableAssets
Minimum Investment Return47612MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return47612MinimumInvestmentReturn
Tax Based On Investment Income275TaxBasedOnInvestmentIncome
Total Tax275TotalTax
Distributable Amount Before Adj47337DistributableAmountBeforeAdj
Recoveries Qlfy Distributions0RecoveriesQlfyDistributions
Distributable Amount Before Ded47337DistributableAmountBeforeDed
Deduction Fr Distributable$0DeductionFrDistributableAmount
Distributable Amount As Adjusted47337DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions40200ExpensesAndContributions
Program Related Investments Total0ProgramRelatedInvestmentsTotal
Qualifying Distributions40200QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm275OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions39925AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted47337DistributableAmountAsAdjusted
Undistributed Income Prior Year40199UndistributedIncomePriorYear
Total For Prior Years0TotalForPriorYears
Total Excess Distri Carryover0TotalExcessDistriCarryover
Qualifying Distributions40200QualifyingDistributions
Applied To Year140199AppliedToYear1
Applied To Prior Years0AppliedToPriorYears
Treated As Distri From Corpus0TreatedAsDistriFromCorpus
Applied To Current Year1AppliedToCurrentYear
Remaining Distri From Corpus0RemainingDistriFromCorpus
Excess Distri Cyov App CY Corpus0ExcessDistriCyovAppCYCorpus
Excess Distri Cyov Applied CY0ExcessDistriCyovAppliedCY
Total Corpus0TotalCorpus
Prior Year Undistributed Income0PriorYearUndistributedIncome
Prior Year Deficiency Or Tax0PriorYearDeficiencyOrTax
Taxable Amount10TaxableAmount1
Taxable Amount20TaxableAmount2
Undistributed Income CY47336UndistributedIncomeCY
Distri From Corpus170b1 E Or4942g30DistriFromCorpus170b1EOr4942g3
Excess Distri Cyov From Year50ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year0ExcessDistriCyovToNextYear

Supplementary Information SupplementaryInformation

FieldValueIRS element (for citing)
Contributing ManagerJOHN W MCGONIGLEContributingManager
Contributing ManagerMARY ITA MCGONIGLEContributingManager

Appication Submission Info AppicationSubmissionInfo

FieldValueIRS element (for citing)
Recipient NameCHRISTINE NEWCAMPRecipientName

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1159 NORTH DRIVEAddressLine1
CityPITTSBURGHCity
StatePAState
ZIP Code15238ZIPCode
FieldValueIRS element (for citing)
Recipient Phone Number4129680955RecipientPhoneNumber
Form And Info And MaterialsLETTER STATING CHARITABLE PURPOSE AND AMOUNT OF GRANT REQUESTED.FormAndInfoAndMaterials
Submission DeadlinesNONESubmissionDeadlines
Restrictions On AwardsEXCLUSIVELY FOR RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERARY AND EDUCATIONAL PURPOSES.RestrictionsOnAwards

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1DUQUESNE UNIVERSITYBusinessNameLine1

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1600 FORBES AVENUEAddressLine1
CityPITTSBURGHCity
StatePAState
ZIP Code15282ZIPCode
FieldValueIRS element (for citing)
Recipient Foundation StatusPUBLIC CHARITYRecipientFoundationStatus
Purpose Of Grant Or ContributionEDUCATIONAL PURPOSESPurposeOfGrantOrContribution
Amount$40,200Amount
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year40200TotGrantOrContriPaidDuringYear
Tot Grant Or Contri Approved Future0TotGrantOrContriApprovedFuture

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$99ExclusionAmount

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$27,370ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Unrelated Business Income$0UnrelatedBusinessIncomeAmount
Exclusion$27,469ExclusionAmount
Related Or Exempt Function Income0RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Part XVIA27469TotalPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

FieldValueIRS element (for citing)
Trnsfr Of Cash To Noncharitable EO0TrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EO0TrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssets
Purchase Assets Noncharitable EO0PurchaseAssetsNoncharitableEO
Rental Of Facilities Etc0RentalOfFacilitiesEtc
Reimbursement Arrangements0ReimbursementArrangements
Loans Or Loan Guarantees0LoansOrLoanGuarantees
Performance Of Services Etc0PerformanceOfServicesEtc
Sharing Of Facilities Etc0SharingOfFacilitiesEtc
Relationships Noncharitable E Os0RelationshipsNoncharitableEOs

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corp Stock InvestmentsCorpStock

FieldValueIRS element (for citing)
Name Of StockGOLDMAN SACHS 30294698NameOfStock
EOY Book Value710936EOYBookValue
EOYFMV985733EOYFMV

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